Lead Manager - Treasury Operations

Lead Manager - Treasury Operations

NC, Charlotte

Job ID :45332

Job ID :45332

Company Description

AXA is a leading financial protection company, committed to fostering and maintaining a diverse, multicultural and inclusive environment, and one of the nation’s premier providers of life insurance and annuity products. The organization was established in 1859 and we are committed now more than ever to helping clients meet financial goals in all stages of their lives. One of the hallmarks of our proud heritage is providing world-class customer service.

We're always looking for smart and talented people to help us develop new and innovative ways to expand our product portfolio, reach new customers and serve well the clients already a part of the AXA family.

Job Purpose

AXA Charlotte, NC Office Address: 8501 IBM Drive; Charlotte, NC

Reporting to the Senior Director of Treasury Operations, the Treasury Operations Lead Manager will supervise the Offshore Staff and be responsible for developing and implementing Vendor Management, Bank Analysis, and Project Management Strategy recommendations related to the Treasury Operations Function. Primary objective is to assess, monitor, plan and manage the efficient utilization of Banking Partner Relationships in a manner consistent with the objectives of the Company. This includes Treasury Management (cash), Custody/Trust, and Money Market Fund utilization relating to the Treasury Operations Function. This role also Manages all operational aspects of the AXA Equitable Political Action Committee reporting to the PAC Assistant Treasurer.

Key Activities: • Business Partner Management: o Manage the Banking Relationship Committee - Meet periodically with the BRC to review Treasury Ops KPIs, monitor SLA compliance, discuss status of key business initiatives requiring Treasury Ops support, resolve performance issues and share industry insights regarding emerging banking capabilities that can be leveraged by business areas. Ensure formal agendas are published for all meetings and minutes are published which summarize key points discussed and action items. o Establish periodic check-ins with Head of Treasury Accounting and Treasury Corporate Finance to ensure alignment regarding key initiatives requiring Treasury Ops support; clarify of Roles and Responsibilities (R&Rs) and expectations for Treasury Ops from fellow Treasury areas. o Partner with the AML team leadership and the newly formed Fraud Hub to aid in identification of fraudulent activity and resolution of fraud investigations. Leverage bank relationships to share industry best practices on fraud prevention with the newly formed Fraud Awareness and Prevention Committee.

• Vendor Management – Banking Partners and Software Providers: o Meet periodically with all key banking partners to review KPIs, monitor SLA compliance, resolve performance issues and understand emerging capabilities. Ensure formal agendas are published for all meetings and minutes are published which summarize key points discussed and action items. o Partner with SCM to identify frequency of conducting formal risk assessment process and ensure risk assessments are completed timely with issues identified and tracked for remediation. o Monitor contract renewals and partner with SCM and Corporate Finance to conduct RFPs and/or renewal efforts to ensure contracts are negotiated in a timely manner with optimal cost savings achieved. o Conduct regular benchmark studies of banks and their services and partner with business line clients to understand their cash management needs and ensure we are fully optimizing banking services.

• Bank Fee Optimization o Partner with Corporate Finance head and business line owners to maintain the annual budget for bank fees (December) and ensure Purchase Orders are paid timely, with monthly review of bank fee spend (actuals vs budget) to identify key cost drivers and opportunities to reduce bank fees. o Quantify savings efforts on the Treasury Operations financial KPI dashboard and provide quarterly updates the CF Head and Corporate Finance lead. • Statutory Reporting o Manage Reporting of statutory deposits process o Liaison with AXA Legal, State Regulators, and Repository institutions to support the placement and holding of required statutory deposits. o Coordinate and ensure all internal and external reporting requirements are met: including but not limited to interest accrual and settlement, filing deposit and withdrawal state forms, etc. o Perform Offshore Staff responsibilities as needed to provide coverage and insure that related policies, procedures and job-aids reflect current processes and follow organizational control o Advise on control improvements relating to operational efficiency

• Manage and ensure all bank contract documentation, including authorized signers for each bank and AXA entity, is maintained and updated on a regular basis

• Manage the activities and performance of the Offshore resources. Provide training on systems and processes as needed. Provide coaching, performance feedback and evaluation on an ongoing formal and informal basis.

In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.

AXA is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.